Luxgen, the homegrown automotive brand under Taiwan's Yulon Motor, holds a unique place in the island's industrial history. Recent reports that Foxtron—a subsidiary of Foxconn—may acquire Luxgen have stirred significant discussion in Taiwan's automotive circles.
Taiwan-based automotive software developer AutoSys Intelligent is broadening its horizons beyond self-driving cars. Building on its core expertise in autonomous driving systems, the company plans to extend its intelligent software and system technologies to drones, robotics, and other AI-driven platforms, marking the start of a multidimensional growth strategy.
Top executives from Samsung Electronics and LG Electronics held separate high-level meetings in Seoul with Mercedes-Benz CEO Ola Källenius, who visited South Korea recently to explore deeper collaboration in next-generation automotive technologies.
Toyota Motor Corporation announced plans to invest up to US$10 billion in the US over the next five years, signaling a major expansion of its domestic operations. The confirmation comes less than a month after President Donald Trump publicly mentioned the potential investment in October 2025.
China's electric vehicle (EV) sector, once a symbol of the nation's manufacturing ascendancy, is now showing signs of strain. As production far outpaces demand, the industry has entered a phase of what analysts describe as "bleeding competition", a prolonged period of margin erosion and consolidation that could reverberate across the global auto market.
